N-Q 1 a_monmarket.htm PUTNAM MONEY MARKET FUND a_monmarket.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM N-Q
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
INVESTMENT COMPANY
 
Investment Company Act file number: (811- 02608)   
 
Exact name of registrant as specified in charter:  Putnam Money Market Fund 
 
Address of principal executive offices: One Post Office Square, Boston, Massachusetts 02109 
 
Name and address of agent for service:  Beth S. Mazor, Vice President 
  One Post Office Square 
  Boston, Massachusetts 02109 
 
Copy to:    John W. Gerstmayr, Esq. 
  Ropes & Gray LLP 
  One International Place 
   Boston, Massachusetts 02110 
 
Registrant’s telephone number, including area code:  (617) 292-1000 
   
Date of fiscal year end: September 30, 2009     
 
 
Date of reporting period: December 31, 2008     

Item 1. Schedule of Investments:


Putnam Money Market Fund
The fund's portfolio
12/31/08 (Unaudited)

ASSET-BACKED COMMERCIAL PAPER (34.5%)(a)         
  Yield (%)  Maturity date  Principal amount  Value 

Alpine Securitization  1.202  1/21/09  $19,902,000  $19,888,732 
Atlantic Asset Securitization Corp.  2.515  1/26/09  27,375,000  27,327,474 
Atlantic Asset Securitization Corp.  1.959  1/27/09  22,815,000  22,782,869 
Atlantic Asset Securitization Corp.  0.400  1/8/09  9,524,000  9,523,259 
Barton Capital Corp.  1.554  1/20/09  28,290,000  28,266,857 
Barton Capital Corp.  1.554  1/16/09  29,200,000  29,181,142 
Barton Capital Corp.  1.504  1/21/09  31,940,000  31,913,383 
Bryant Park Funding, LLC  1.604  1/23/09  31,940,000  31,908,770 
Bryant Park Funding, LLC  1.504  1/27/09  32,850,000  32,814,412 
CAFCO, LLC.  1.756  1/20/09  27,545,000  27,519,559 
CAFCO, LLC.  1.404  1/23/09  31,940,000  31,912,674 
Enterprise Funding Co., LLC  4.142  1/12/09  32,850,000  32,808,846 
Enterprise Funding Co., LLC  1.453  1/16/09  31,940,000  31,920,703 
Falcon Asset Securitization Co., LLC  1.404  1/21/09  9,125,000  9,117,903 
Falcon Asset Securitization Co., LLC  1.403  1/14/09  31,940,000  31,923,853 
Gemini Securitization Corp., LLC  1.655  1/26/09  31,940,000  31,903,402 
Gemini Securitization Corp., LLC  1.053  3/17/09  31,000,000  30,932,187 
Gotham Funding Corp.  1.603  1/7/09  31,940,000  31,931,483 
Gotham Funding Corp.  1.555  1/28/09  32,850,000  32,811,812 
Govco, Inc.  1.511  6/17/09  31,000,000  30,784,292 
Govco, Inc.  1.258  6/23/09  17,000,000  16,897,882 
Govco, Inc.  1.005  6/16/09  15,000,000  14,930,833 
LMA Americas, LLC  0.701  3/23/09  31,000,000  30,951,175 
Old Line Funding Corp.  4.198  1/22/09  63,875,000  63,720,370 
Ranger Funding Co., LLC  1.254  3/18/09  30,000,000  29,920,833 
Sheffield Receivables Corp.  2.108  1/12/09  31,940,000  31,919,505 
Sheffield Receivables Corp.  0.852  4/2/09  27,000,000  26,941,988 
Starbird Funding Corp.  3.223  1/21/09  22,815,000  22,774,440 
Starbird Funding Corp.  2.463  1/23/09  17,340,000  17,314,038 
Thunder Bay Funding, Inc.  0.752  3/20/09  32,000,000  31,948,000 
Thunder Bay Funding, Inc.  0.751  3/16/09  32,000,000  31,950,667 
Tulip Funding Corp.  0.751  1/15/09  32,000,000  31,990,667 
Tulip Funding Corp.  0.601  2/20/09  25,153,000  25,132,039 
Victory Receivables Corp.  1.603  1/15/09  31,940,000  31,920,126 
Windmill Funding Corp.  3.057  1/29/09  16,245,000  16,206,842 
Working Capital Management Co.  3.122  1/23/09  16,425,000  16,393,884 
Working Capital Management Co.  2.861  1/13/09  31,940,000  31,909,657 
Working Capital Management Co.  1.751  1/5/09  13,000,000  12,997,472 
Yorktown Capital, LLC  0.752  4/3/09  30,000,000  29,942,500 

Total asset-backed commercial paper (cost $1,072,936,530)        $1,072,936,530 
 
CORPORATE BONDS AND NOTES (24.7%)(a)         
  Yield (%)  Maturity date  Principal amount  Value 

Allstate Life Global Funding Trust sr. notes FRN Ser.         
MTN1  1.775  10/20/09  $29,200,000  $29,200,000 
American Honda Finance Corp. 144A FRN Ser. MTN  2.319  8/26/09  16,140,000  16,140,000 
American Honda Finance Corp. 144A FRN Ser. MTN  2.295  8/11/09  10,040,000  10,035,205 
American Honda Finance Corp. 144A FRN Ser. MTN1  4.949  4/14/09  20,075,000  20,075,000 
Australia & New Zealand Banking Group, Ltd. 144A FRN         
(Australia)  2.427  7/2/09  20,075,000  20,075,000 
Bank of America NA sr. unsec. notes FRN Ser. BKNT (M)  4.350  4/3/14  37,415,000  37,415,000 
Bank of America NA sr. unsec. notes FRN Ser. BKNT  3.665  7/30/09  18,250,000  18,250,000 
Bank of Nova Scotia 144A sr. unsec. notes FRN (Canada)         
(M)  4.570  4/9/13  21,900,000  21,900,000 
BP Capital Markets PLC company guaranty unsec. notes         
FRN (United Kingdom) (M)  2.284  12/10/12  15,515,000  15,515,000 
Commonwealth Bank of Australia 144A FRN Ser. MTN         
(Australia)  3.443  8/3/09  20,075,000  20,075,000 
Commonwealth Bank of Australia 144A sr. unsec. unsub.         
notes FRN (Australia)  4.350  10/2/09  9,125,000  9,125,000 
General Electric Capital Corp. sr. unsec. notes FRN         
Ser. A  3.343  2/2/09  18,250,000  18,252,049 
IBM International Group Capital, LLC 144A company         
guaranty sr. notes FRN (International Business         


Machines Corp. (Guarantee (GTD)))  2.389  9/25/09  21,045,000  21,045,000 
ING Bank NV 144A FRN (Netherlands)  1.716  7/24/09  18,250,000  18,250,000 
ING Bank NV 144A sr. unsec. notes FRN (Netherlands)  2.346  6/15/09  20,715,000  20,715,000 
ING USA Global Funding Trust FRN Ser. MTN1  2.028  10/19/09  20,020,000  20,020,000 
Lloyds TSB Group PLC 144A sr. unsec. unsub. bonds FRB         
Ser. EXTC (United Kingdom) (M)  2.806  8/7/13  22,815,000  22,815,000 
MetLife Global Funding I 144A sr. unsub. notes FRN  5.194  4/13/09  19,620,000  19,620,000 
MetLife Global Funding I 144A sr. unsub. notes FRN  4.570  8/7/09  31,940,000  31,940,000 
Monumental Global Funding III 144A sr. unsec. notes FRN  2.549  8/17/09  15,515,000  15,515,000 
Monumental Global Funding III 144A sr. unsub. notes FRN  1.575  1/15/09  15,515,000  15,515,000 
National Australia Bank, Ltd. 144A FRN (Australia)  2.423  10/6/09  16,425,000  16,425,000 
Nordea Bank AB 144A FRN (Sweden)  3.891  9/24/09  21,685,000  21,685,000 
Pacific Life Global Funding 144A sr. unsec. notes FRN  2.638  9/9/09  16,425,000  16,425,000 
Pricoa Global Funding I 144A sr. unsub. notes FRN  2.445  9/11/09  26,465,000  26,465,000 
Pricoa Global Funding I 144A sr. unsub. notes FRN Ser.         
MTN  1.836  9/25/09  13,690,000  13,690,000 
Procter & Gamble Co. sr. unsec. notes FRN Ser. MTN  2.216  9/9/09  9,125,000  9,125,000 
Royal Bank of Canada 144A sr. unsec. notes FRN         
(Canada) (M)  1.595  5/15/14  27,375,000  27,375,000 
Royal Bank of Scotland PLC (The) 144A bank guaranty         
sr. unsec. unsub. notes FRN (United Kingdom)  2.396  10/9/09  16,425,000  16,425,000 
Societe Generale 144A sr. unsec. unsub. notes FRN         
Ser. BKNT (France)  2.620  9/4/09  24,640,000  24,640,000 
Svenska Handelsbanken AB 144A FRN (Sweden)  4.418  8/6/09  16,425,000  16,425,000 
Svenska Handelsbanken AB 144A sr. unsec. notes FRN         
(Sweden)  3.885  8/25/09  22,815,000  22,815,000 
Toyota Motor Credit Corp. FRN Ser. MTN  0.591  6/19/09  15,670,000  15,670,000 
Toyota Motor Credit Corp. sr. unsec. notes FRN Ser. B  0.530  6/26/09  18,250,000  18,250,000 
Toyota Motor Credit Corp. sr. unsec. notes FRN Ser. B  0.460  3/18/09  27,375,000  27,375,000 
Wachovia Bank N.A. sr. unsec. notes FRN Ser. BKNT  4.608  8/4/09  28,290,000  28,290,000 
Wells Fargo & Co. sr. unsec. notes FRN Ser. G  1.668  9/23/09  9,580,000  9,584,921 
Wells Fargo Bank NA sr. unsec. notes FRN Ser. BKNT  0.621  5/28/09  20,020,000  20,020,000 
Westpac Banking Corp./NY dep. notes FRN Ser. DPNT  5.119  8/14/09  18,250,000  18,250,000 

Total corporate bonds and notes (cost $770,427,175)        $770,427,175 
 
U.S. GOVERNMENT AGENCY OBLIGATIONS (13.6%)(a)         
  Yield (%)  Maturity date  Principal amount  Value 

Fannie Mae sr. unsec. notes FRN  3.356  7/28/09  $20,990,000  $20,986,600 
Fannie Mae unsec. notes FRN  3.641  10/27/09  39,785,000  39,785,000 
Fannie Mae unsec. notes FRN  2.180  2/12/10  19,620,000  19,616,802 
Federal Home Loan Bank unsec. bonds FRB  2.204  2/19/10  19,435,000  19,427,776 
Federal Home Loan Bank unsec. bonds FRB  1.095  3/13/09  22,815,000  22,815,000 
Federal Home Loan Bank unsec. bonds FRB Ser. 1  1.995  5/13/09  27,375,000  27,375,000 
Federal Home Loan Mortgage Corp.  2.623  2/20/09  39,785,000  39,641,332 
Federal Home Loan Mortgage Corp.  1.259  6/24/09  31,940,000  31,747,029 
Federal National Mortgage Association  2.749  3/18/09  17,340,000  17,240,430 
Federal National Mortgage Association  2.369  2/19/09  31,940,000  31,837,836 
Freddie Mac  2.679  3/19/09  10,950,000  10,887,935 
Freddie Mac unsec. notes  2.170  11/12/09  24,180,000  24,180,000 
Freddie Mac unsec. notes  1.150  12/23/09  32,000,000  32,000,000 
Freddie Mac unsec. notes  0.890  12/30/09  31,000,000  31,000,000 
Freddie Mac unsec. notes FRN  3.535  4/27/09  34,675,000  34,675,000 
Freddie Mac unsec. notes FRN  0.488  9/21/09  21,355,000  21,355,000 

 
Total U.S. government agency obligations (cost $424,570,740)        $424,570,740 
 
COMMERCIAL PAPER (9.1%)(a)         
  Yield (%)  Maturity date  Principal amount  Value 

Australia and New Zealand Banking Group, Ltd. 144A FRN         
(Australia)  2.601  10/2/09  $13,690,000  $13,690,000 
Citigroup Funding, Inc.  3.273  2/18/09  15,515,000  15,448,389 
Export Development Canada (Canada)  1.671  8/31/09  31,940,000  31,585,732 
Export Development Canada (Canada)  1.511  6/1/09  19,710,000  19,585,991 
Greenwich Capital Holdings  3.150  3/13/09  16,425,000  16,324,579 
HSBC USA, Inc.  1.979  2/12/09  32,850,000  32,774,500 
Royal Bank of Scotland Group PLC (United Kingdom)  3.171  2/26/09  5,475,000  5,448,428 
SanPaolo IMI US Financial Co.  3.110  3/5/09  13,690,000  13,616,642 
SanPaolo IMI US Financial Co.  3.100  3/10/09  13,505,000  13,427,120 
Shell International Finance B.V. (Netherlands)  1.660  4/8/09  31,940,000  31,798,000 
Shell International Finance B.V. (Netherlands)  1.303  2/3/09  31,940,000  31,901,938 
Westpac Securities NZ, Ltd. 144A FRN (United Kingdom)  3.069  1/28/09  21,900,000  21,895,217 
Yale University  1.556  3/11/09  35,000,000  34,896,021 


 

 

 

Total commercial paper (cost $282,392,557)

$282,392,557
 
REPURCHASE AGREEMENTS (8.2%)(a)     
  Principal amount  Value 

Interest in $281,400,000 joint tri-party repurchase     
agreement dated December 31, 2008 with Bank of America     
Securities, LLC due January 2, 2009 -- maturity value     
of $121,400,540 for an effective yield of 0.08%     
(collateralized by Freddie Mac securities with     
a coupon rate of 5.50% and a due date of June 1, 2035,     
valued at $287,028,000)  $121,400,000  $121,400,000 
Interest in $300,000,000 joint tri-party repurchase     
agreement dated December 31, 2008 with Deutsche Bank     
Securities due January 2, 2009 -- maturity value     
of $103,800,577 for an effective yield of 0.10%     
(collateralized by various mortgage backed securities     
with coupon rates ranging from 5.00% to 7.00% and due     
dates ranging from April 1, 2034 to December 1, 2038,     
valued at $306,000,001)  103,800,000  103,800,000 
Interest in $100,000,000 joint tri-party repurchase     
agreement dated December 31, 2008 with Goldman Sachs &     
Co. due January 2, 2009 -- maturity value     
of $31,400,070 for an effective yield of 0.04%     
(collateralized by various mortgage backed securities     
with coupon rates ranging from 4.00% to 9.00% and due     
dates ranging from April 1, 2015 to January 1, 2039,     
valued at $102,000,000)  31,400,000  31,400,000 

 
Total repurchase agreements (cost $256,600,000)    $256,600,000 
   

CERTIFICATES OF DEPOSIT (8.1%)(a)         
  Yield (%)  Maturity date  Principal amount  Value 

Abbey National Treasury Services PLC/Stamford, CT FRN  1.435  2/13/09  $20,075,000  $20,075,000 
Barclays Bank PLC/NY FRN  1.495  2/17/09  15,515,000  15,515,000 
Barclays Bank PLC/NY FRN  1.461  3/17/09  16,425,000  16,425,000 
Barclays Bank PLC/NY FRN  0.908  2/23/09  19,345,000  19,345,000 
BNP Paribas  1.180  3/19/09  31,000,000  31,000,000 
Chase Manhattan Bank, USA, N.A.  1.750  2/17/09  31,390,000  31,390,000 
Credit Suisse/New York, NY FRN  0.481  3/27/09  20,155,000  20,124,862 
Deutsche Bank AG/New York, NY FRN  1.735  7/21/09  31,940,000  31,940,000 
DnB NOR Bank ASA/New York  2.930  1/30/09  15,970,000  15,970,000 
Lloyds TSB Bank PLC/New York, NY  1.880  3/12/09  8,000,000  8,000,000 
Svenska Handelsbanken/New York, NY FRN  5.139  7/13/09  27,375,000  27,375,000 
Unicredito Italiano/New York, NY  3.200  2/27/09  15,515,000  15,515,000 

 
Total certificates of deposit (cost $252,674,862)        $252,674,862 
 
MUNICIPAL BONDS AND NOTES (2.0%)(a)         
  Yield (%)  Maturity date  Principal amount  Value 

CO Hsg. & Fin. Auth. VRDN (Single Fam.)         
Ser. B-1 (M)  4.500  11/1/32  $9,305,000  $9,305,000 
Ser. C-2, Class I (M)  4.500  11/1/35  19,650,000  19,650,000 
CT State Hlth. & Edl. Fac. Auth. VRDN (Yale U.),         
Ser. V-2 (M)  0.700  7/1/36  7,700,000  7,700,000 
Geisinger, PA Auth. Hlth. Syst. VRDN (Geisinger Hlth.         
Syst.) (M)  0.850  11/15/32  7,600,000  7,600,000 
KS State Dev. Fin. Auth. VRDN (Sisters of Charity),         
Ser. D (M)  1.150  12/1/31  7,200,000  7,200,000 
MO State Hlth. & Edl. Fac. Auth. VRDN (Washington U.         
(The))         
Ser. A (M)  1.200  9/1/30  5,600,000  5,600,000 
Ser. B (M)  1.200  9/1/30  4,600,000  4,600,000 

 
Total municipal bonds and notes (cost $61,655,000)        $61,655,000 
 
TOTAL INVESTMENTS         

Total investments (cost $3,121,256,864) (b)        $3,121,256,864 


NOTES

(a) Percentages indicated are based on net assets of $3,113,788,029
.

(b) The aggregate identified cost on a financial reporting and tax basis is the same.

(M) The security's effective maturity date is less than one year.

Debt obligations are considered secured unless otherwise indicated.

144A after the name of an issuer represents securities exempt from registration under Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

The rates shown on Variable Rate Demand Notes (VRDN), Floating Rate Bonds (FRB) and Floating Rate Notes (FRN) are the current interest rates at December 31, 2008.

The dates shown on debt obligations are the original maturity dates.

Security valuation The valuation of the fund’s portfolio instruments is determined by means of the amortized cost method (which approximates market value) as set forth in Rule 2a-7 under the Investment Company Act of 1940. The amortized cost of an instrument is determined by valuing it at its original cost and thereafter amortizing any discount or premium from its face value at a constant rate until maturity.

Repurchase agreements The fund, or any joint trading account, through its custodian, receives delivery of the underlying securities, the market value of which at the time of purchase is required to be an amount at least equal to the resale price, including accrued interest. Collateral for certain tri-party repurchase agreements is held at the counterparty’s custodian in a segregated account for the benefit of the fund and the counterparty. Putnam Management, LLC ("Putnam Management"), the fund's manager, a wholly-owned subsidiary of Putnam Investments, LLC, responsible for determining that the value of these underlying securities is at all times at least equal to the resale price, including accrued interest.

In September 2006, the FASB issued Statement of Financial Accounting Standards No. 157, Fair Value Measurements (SFAS 157). SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. While the adoption of SFAS 157 does not have a material effect on the fund’s net asset value, it does require additional disclosures about fair value measurements. The Standard establishes a three-level hierarchy for disclosure of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of the fund’s investments. The three levels are defined as follows:

Level 1 – Valuations based on quoted prices for identical securities in active markets.

Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

Level 3 – Valuations based on inputs that are unobservable and significant to the fair value measurement.

The following is a summary of the inputs used to value the fund’s net assets as of December 31, 2008:

Valuation inputs  Investments in securities  Other financial instruments 

Level 1  $--  $-- 

Level 2  3,121,256,864  -- 

Level 3  --  -- 

Total  $3,121,256,864  $-- 


Other financial instruments include futures, written options, TBA sale commitments, swaps and forward contracts which are valued at the unrealized appreciation/(depreciation) on the instrument.

For additional information regarding the fund please see the fund's most recent annual or semiannual shareholder report filed on the Securities and Exchange Commission's Web site, www.sec.gov, or visit Putnam's Individual Investor Web site at www.putnaminvestments.com


Item 2. Controls and Procedures:

(a) The registrant's principal executive officer and principal financial officer have concluded, based on their evaluation of the effectiveness of the design and operation of the registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the design and operation of such procedures are generally effective to provide reasonable assurance that information required to be disclosed by the registrant in this report is recorded, processed, summarized and reported within the time periods specified in the Commission's rules and forms.

(b) Changes in internal control over financial reporting: Not applicable

Item 3. Exhibits:

Separate certifications for the principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended, are filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Putnam Money Market Fund

By (Signature and Title):

/s/ Janet C. Smith
Janet C. Smith
Principal Accounting Officer
Date: February 27, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title):

/s/ Charles E. Porter
Charles E. Porter
Principal Executive Officer
Date: February 27, 2009

By (Signature and Title):

/s/ Steven D. Krichmar
Steven D. Krichmar
Principal Financial Officer
Date: February 27, 2009